Change in the management’s holding of shares in Fabege AB
Via a jointly owned share investment club, Fabege’s management together has a joint shareholding in Fabege AB. The share investment club owns a total of 400,000 shares, of which the management holds 280,000 shares. In accordance with the share investment club’s statutes, the joint ownership has now been dissolved and the shares have been divested.
In addition, at the Annual General Meeting in 2018, a resolution was passed regarding an expanded management incentive program aimed at gradually increasing the management’s holdings of shares in the company. This is done via a commitment to re-invest part of a bonus in shares. This will be effective for the first time after the end of the 2018 financial year.
Fabege AB (publ)
For further information, please contact:
Åsa Bergström, Vice President and CFO, phone 46 (0)8-555 148 29, 46 (0)706-66 13 80
Fabege AB (publ) is one of Sweden’s leading property companies focusing mainly on letting and managing office premises and property development. Fabege owns properties with a carrying amount of SEK 33.4bn. The portfolio is concentrated in the Stockholm region and has an annualised rental value of SEK 2.4bn and a lettable area of 1.1m sqm. Fabege’s shares are listed on Nasdaq OMX Stockholm, Large Cap segment.